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US airlines see no letup in travel demand despite broader economic concerns

Airlines say travel has become the topmost priority for consumers, but capacity constraints will not let them catch up with demand for anytime soon, helping sustain the post-pandemic travel boom

WHO seeks help from India in latest toxic syrup-deaths case in Cameroon

The alert about Naturcold is the latest of several similar warnings issued in recent months about contaminated cough syrups sold worldwide

Google tests AI to write news articles, in talks with news organisations

The product named Genesis has been demonstrated for executives at New York Times, Washington Post, and Wall Street Journal

YouTube hikes prices on US premium plans; annual subscription up $20

It has also hiked prices for YouTube Music by $1 to $10.99 in the U.S. The move follows similar price increases by Amazon Music, Apple Music and Tidal

US weekly jobless claims fall unexpectedly, shows labour market strength

Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 228,000 for the week ended July 15, the Labor Department said on Thursday

Gautam Adani to convert Mumbai slum into modern city despite challenges

It is the latest mega-project taken on by ports-to-energy conglomerate Adani Group, which already supplies electricity in Mumbai through listed unit Adani Transmission

Goldman brings Tom Montag as CEO Solomon looks to bolster board support

Montag, who had previously co-headed Goldman's securities division besides holding several other senior roles, would now be a part of the bank's audit, governance and risk committees

We await new Microsoft proposal on Activision deal: UK antitrust regulator

It has been left increasingly isolated in opposition after US regulator, the FTC, failed to block it in court last week, and the CMA has taken the unprecedented step of reopening talks

Elon Musk open to price cuts as Tesla bets on self-driving future

Tesla saw a spike in the usage of FSD Beta in the second quarter, with cumulative miles driven with the technology coming in at more than 300 million miles

Abbott beats quarterly profit estimates on demand for medical devices

Abbott's diagnostic sales came in at $2.3 billion in the quarter, in line with analysts' average estimates.

Marsh McLennan beats Q2 profit estimates on interest income boost

Ten successive rate hikes by the U.S. Federal Reserve have helped companies net higher interest income on funds they hold on behalf of clients

American Airlines raises 2023 profit forecast on strong travel demand

Boosting profits, jet fuel costs in North America are down about 30% from a year ago, but there are signs flight fares might be cooling off

UK's high food inflation not driven by weak competition: Regulator

UK food price inflation reached its highest since 1977 in March at more than 19%, according to official data

EU clears $3.2 bn in green subsidies for Thyssenkrupp, ArcelorMittal

The move highlights Brussels' efforts to help local industry decarbonise production and remain competitive with global rivals

Persistent Systems misses Q1 profit view on rising employee costs

Analysts were expecting a profit of 2.74 billion rupees, according to Refinitiv IBES

J&J raises profit forecast as it bets on cancer drugs, medical devices

Shares of J&J, which recently spun off its consumer health unit to focus on drugs and medical devices, rose about 2% in premarket trading

E-scooter maker Ola Electric targeting $1.5 billion sales this year

In June, industry-wide Indian sales of e-scooters more than halved from May to a six-month low of 45,800 units, government data showed

E-scooter maker Ola Electric targeting $1.5 billion sales this year

The government has said it wants electric variants to account for 70% of two-wheeler sales - which also include motorcycles - by 2030, a huge jump from 14% currently

Microsoft hit with EU antitrust complaint by German rival alfaview

This has significant and permanent impact on competition in the communication software market, alfaview continued

IDFC First Bank looks to raise Rs 2,000 crore in second half of FY24

IDFC First Bank has board approval to raise 40 billion rupees. It has already raised close to half that amount through a preferential allotment to IDFC Ltd